Samsara (NYSE:IOT) Stock Price Down 4.6% – What’s Next?

Samsara Inc. (NYSE:IOT)’s share price fell 4.6% on Wednesday . The company traded as low as $37.52 and last traded at $37.2820. Approximately 456,874 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 6,784,106 shares. The stock had previously closed at $39.06.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Jefferies Financial Group raised Samsara to a “buy” rating in a research note on Thursday, June 11th. Piper Sandler cut Samsara from an “overweight” rating to a “neutral” rating and set a $40.00 price objective for the company. in a research report on Sunday, August 9th. Zacks Research lowered shares of Samsara from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 5th. Morgan Stanley set a $43.00 price objective on Samsara in a report on Tuesday, July 21st. Finally, Royal Bank Of Canada increased their price objective on shares of Samsara from $42.00 to $50.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $46.67.

Samsara Trading Down 5.0%

The firm has a market cap of $21.62 billion, a PE ratio of 369.19, a PEG ratio of 9.17 and a beta of 1.34. The firm has a fifty day simple moving average of $37.28 and a two-hundred day simple moving average of $33.02.

Samsara (NYSE:IOT) last announced its quarterly earnings data on Thursday, June 4th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.13 by $0.04. Samsara had a return on equity of 2.00% and a net margin of 3.32%.The business had revenue of $478.84 million for the quarter, compared to the consensus estimate of $455.21 million. During the same period in the previous year, the business earned $0.11 earnings per share. The business’s revenue was up 30.5% on a year-over-year basis. Samsara has set its Q2 2027 guidance at 0.150-0.160 EPS and its FY 2027 guidance at 0.700-0.720 EPS. Equities analysts expect that Samsara Inc. will post 0.15 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Adam Eltoukhy sold 6,876 shares of Samsara stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $39.82, for a total transaction of $273,802.32. Following the completion of the sale, the insider owned 425,080 shares of the company’s stock, valued at $16,926,685.60. The trade was a 1.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sanjit Biswas sold 35,366 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $39.43, for a total value of $1,394,481.38. Following the completion of the sale, the chief executive officer owned 935,671 shares of the company’s stock, valued at $36,893,507.53. This trade represents a 3.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 4,478,170 shares of company stock valued at $159,242,120. Insiders own 35.13% of the company’s stock.

Institutional Trading of Samsara

Large investors have recently modified their holdings of the stock. California State Teachers Retirement System increased its position in Samsara by 3,119.1% in the second quarter. California State Teachers Retirement System now owns 15,704,422 shares of the company’s stock worth $484,256,000 after buying an additional 15,216,568 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Samsara by 58.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock valued at $421,079,000 after buying an additional 4,401,082 shares in the last quarter. Brown Advisory Inc. lifted its position in Samsara by 42.1% during the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock worth $397,536,000 after acquiring an additional 3,322,023 shares during the last quarter. Wellington Management Group LLP raised its holdings in shares of Samsara by 9.6% in the 2nd quarter. Wellington Management Group LLP now owns 9,327,606 shares of the company’s stock worth $302,494,000 after buying an additional 813,922 shares in the last quarter. Finally, State Street Corp raised its holdings in shares of Samsara by 15.8% in the fourth quarter. State Street Corp now owns 6,920,219 shares of the company’s stock valued at $245,322,000 after buying an additional 944,485 shares during the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

About Samsara

Samsara develops an industrial Internet of Things (IoT) platform designed to help organizations monitor, manage, and optimize physical operations. The company combines connected hardware — including telematics devices, GPS trackers, dash cameras, and environmental sensors — with cloud-based software to provide real-time visibility into vehicles, mobile equipment, and fixed assets. Its software offers tools for fleet management, driver and worker safety, asset tracking, compliance (including electronic logging), maintenance scheduling, and operational analytics.

The Samsara platform emphasizes integration of live data streams with analytics and workflow features to drive efficiency and safety across industries that rely on dispersed equipment and mobile workforces.